Russia’s coal trading dynamics have been significantly impacted by the country’s invasion of Ukraine and the consequent sanctions imposed by some nations. Russian coal imports to China, Turkiye, South Korea and India have increased significantly, while Russian coal imports to European countries declined following the sanctions, according to a report issued on Jan. 22 by…...
The average wholesale electricity price during 2024 across majority of the U.S. regions is projected to be similar or marginally lower than in 2023, according to the U.S. Energy Information Administration. The price forecast hinges on the assumption of relatively constant generation fuel costs. The agency acknowledges that temporary price hikes may occur in the…...
The growing interest in carbon capture and sequestration (CCS) projects driven by supportive policies and tax incentives has prompted state efforts to streamline permitting requirements, including securing primacy to regulate Class VI injection wells to sequester carbon dioxide. CCS involves the capture of carbon dioxide (CO2) emissions from power plants or industrial processes before they are released into the atmosphere for storage in subsurface geological formations.
The Bureau of Land Management on Jan. 17 issued a draft analysis of an update to its 2012 Western Solar Plan, which guides responsible solar energy development on public lands. The program currently includes six states — Arizona, California, Colorado, Nevada, New Mexico and Utah — with high solar potential and low resource conflicts to…...
The U.S. Environmental Protection Agency on Jan. 12 proposed measures to reduce wasteful methane emissions in the oil and gas sector in accordance with the 2022 Inflation Reduction Act, or IRA. The proposed rule involves imposing charges on significant emitters that exceed emissions intensity levels established by Congress. In December, the agency issued New Source…...
To address the escalating demand on the power grid due to the rise in electric vehicle (EV) charging, electric utilities are compelled to develop rate structures that encourage EV owners to charge during off-peak hours, thereby aiding utilities in managing the…Read the full report …...
To address the escalating demand on the power grid due to the rise in electric vehicle (EV) charging, electric utilities are compelled to develop rate structures that encourage EV owners to charge during off-peak hours, thereby aiding utilities in managing the grid's overall demand.
The U.S. Environmental Protection Agency on Jan. 8 awarded nearly $1 billion under its Clean School Bus Program funded by the 2021 Infrastructure Investment and Jobs Act. The agency selected 67 applicants in 280 school districts serving more than seven million students across 37 states. With this, the program has awarded nearly $2 billion, funding…...
As renewables continue to grow in the move towards a low-carbon future, energy storage is critical to mitigate the variability of wind and solar resources and enhance reliability and resiliency of the electric grid. Federal and state actions continue to facilitate the adoption of storage as a key solution…Read the full report …...
The Environmental Protection Agency on Jan. 5 issued a final rule granting primacy to Louisiana for regulating Class VI wells for geologic carbon sequestration. The rule allows the Louisiana Department of Natural Resources to issue underground injection control, or UIC, permits for geologic carbon sequestration facilities as Class VI wells and ensure compliance under a…...